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20121108
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mallet. >> congressional leaders from both parties will head to the white house for a brown one of negotiations on the fiscal cliff. -- round 1 of negotiations on the fiscal cliff. the sticking point is tax cuts for the wealthy. >> both parties say they are willing to compromise, but they are not quite saying how. obama and congressional republicans are squaring off this week over tax cuts for the rich. they cannot work out their differences by december 31, we are all in trouble. >> not politics as usual. you elected us to focus on your jobs, not ours. >> the president and john boehner are each drawing a line in the sand on letting the bush era tax cuts expire for americans making more than $250,000 a year. the speaker wants the tax overhaul that raises money by cutting loopholes. if they cannot hammer out a spending deal by the end of the year, the nation goes over the so-called fiscal cliff and taxes go up for everyone. an average of $500 per household, and there will be deep, automatic spending cuts that could hobble the economy. republican sandoval the president to address t
Search Results 0 to 0 of about 1